Boxscore Construction Analysis

Natural gas is the world's fastest-growing fossil fuel. The US Energy Information Administration (EIA) forecasts that global gas consumption will increase annually to 170 trillion cubic feet (Tcf) by 2035 (Fig. 1). This increase is led by strong growth in non-OECD countries. To meet expected consumption rates, gas producers will need to increase supplies by almost 60 Tcf by 2035. In response to this surging demand, new project development and major capacity expansions are underway in all parts of the globe. Fig. 1. World natural gas consumption to 2035. United States In the US, the downstream construction sector is benefiting from the recent boom in shale gas production.